Kingspan sales up 10 percent

Kingspan reported sales up 10 percent to EUR520m during the first four months of the year.

In an interim statement, it said there had been “some pick-up in activity levels” during March and April following a particularly slow start to the year.

The firm has weathered the downturn by taking advantage of a shift towards more energy-efficient building standards, particularly in its largest market: the UK.

The Irish-based company said market conditions remain “relatively weak” in the UK, particularly in non-office commercial construction. There were some signs of improvement in commercial construction in Ireland, albeit from a “negligible base”.